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EuropaProperty.com , 13 June 2024
https://europaproperty.com/hr-marketplace/sior-announces-new-president-and-executive-committee/
The European Chapter of the Society of Industrial and Office Realtors (SIOR) has elected Iain Finnegan SIOR, FSCI, FRICS, and Managing Director of Finnegan Menton, as President. Finnegan succeeds past president, Andrew Smith, SIOR, FRICS, and will serve from May 2024 until April 2026.
As well as a new President for the European Chapter, there are also new Executive Committee appointments, including Tobias Schultheiß SIOR, FRICS, Managing Partner of Blackbird Real Estate as Vice President, Nicola Mottershaw SIOR, Partner – Head of Occupier Advisory at Vail Williams, who remains Treasurer and Michael Pain SIOR, MRICS, Partner and Head of Tenant Representation at Carter Jonas, as Secretary.
Finnegan of Finnegan Menton, a Dublin-based, full-service firm of Chartered Surveyors offering clients bespoke property solutions in the commercial and residential sector, said about his appointment: “I am delighted to be taking on the role of President of the SIOR European Chapter at a time when the SIOR network is thriving, more in demand than ever as clients grapple with the myriad of challenges and opportunities in the market today. The SIOR designation has always been a mark of excellence, its advisors are trusted to support clients and work together to manage property matters globally. I have benefitted first-hand from being a member and am proud to be leading its further expansion across Europe, beyond the 26 countries where we already have a presence.”
“The key areas of focus for my presidency will be growth as well as diversity and the next generation. We are working hard to encourage more members representing different genders and ethnic minorities to join us and we also want to inspire the next generation, using our SIOR Foundation programme as well as providing a platform for them to learn and shape the industry. We’re giving four students a free, all-expenses-paid place at our SIOR International Conference, 17-19 July in Berlin. I will also continue to foster the close links with our SIOR colleagues in the USA and beyond,” he added.
Immediate past president, Andrew Smith SIOR, FRICS, said: “It has been a privilege to lead the European Chapter, working with the team in Washington DC, London and throughout Europe. We have grown our membership in numbers and diversity and increased the number of deals done across the network. As I hand the leadership of the European Chapter over to Iain, he will no doubt continue its success and development.”
SIOR is the leading global professional industrial and office real estate association, established more than 80 years ago. With more than 3,900 members in 50 countries, SIOR represents today’s most knowledgeable, experienced, ethical and successful commercial real estate brokerage specialists.
https://realassets.ipe.com/propertyeu/sior-has-a-new-european-president/10094079.article
PropertyEU, 10 June 2024
The European Chapter of the Society of Industrial and Office Realtors (SIOR), the association for real estate brokers, has elected Iain Finnegan as its new president taking over from Andrew Smith.
SIOR, a longstanding association that was established more than 80 years ago, has more than 3,900 members in 50 countries.
Finnegan is an MD at Dublin-based agent, Finnegan Menton, and will serve the European chapter until April 2026.
Other executive committee appointments include Tobias Schultheiß partner at Blackbird Real Estate, Nicola Mottershaw, head of occupier advisory at Vail Williams, and Michael Pain, head of tenant representation at Carter Jonas.
Finnegan said the SIOR network was thriving, being ‘more in demand than ever as clients grapple with the myriad of challenges and opportunities in the market today.’
‘The key areas of focus for my presidency will be growth as well as diversity and the next generation. We are working hard to encourage more members representing different genders and ethnic minorities to join us and we also want to inspire the next generation, using our SIOR Foundation programme as well as providing a platform for them to learn and shape the industry. We’re giving four students a free, all-expenses paid place at our SIOR International Conference, 17-19 July in Berlin. I will also continue to foster the close links with our SIOR colleagues in the USA and beyond’, he added.
The Irish Times
Wednesday , November 6,2024
FIONA REDDAN
A refurbishment opportunity in one of the worlds “coolest neighborhoods” has come on the market at a guide price of more than €1.6 million. Royal Canal House, on Phibsborough Road, Phibsborough , Dublin 7, is a distinguished period property that blends historical charm with modern potential, across four floors of about 505 sq m (5,436 sq ft) on a gross internal area. In 2020, Time Out magazine described the area as one of the world’s coolest neighbourhoods, thanks to an abundance of coffee shops, restaurants and pubs and hidden parks (this year the popular magazine opted for Inchicore). More recently, Irish pop star Gavin James is reported to have bought the historic Doyle’s Corner bar in the suburb.
According to selling agents Finnegan Menton, the property, which is being sold with vacant possession, could be renovated either in its current planning as a boutique guesthouse, or could also accommodate alternative uses, subject to planning permission.
Spacious accommodation
The property, dating from the early Georgian era, was home to railway workers until 1948 and later converted into a hostel. In more recent years the building was in commercial use with a language school the last occupant until 2014. It features spacious accommodation throughout, with high ceilings, decorative cornices and an elegant front entrance doorway, offering excellent ample natural light all of which are an integral part of the buildings character.
The property’s proximity to key city centre landmarks and institutions makes it an attractive investment for tourism purposes, and it benefits from a recent planning permission for 13 en-suite bedrooms, together with dining facilities and staff amenities. The planning requires for the refurbishment of the main property and to replace the existing single storey building to the rear. The proposed bedrooms are very large with an average size of about 238 sq ft. Under proposed plans, there would be an external courtyard connecting the main property with the new extension.
The property also offers additional development potential to the side, subject to obtaining the necessary planning, expanding its footprint while maintaining its architectural integrity.
Sunday Business Post
27th October 2024
Tina-Marie O’Neill
Finnegan Menton is selling the freehold interest of a high profile retail and office building on the south side of the river Liffey to market with a €950,000 guide.
The four-storey over basement Georgian building extends to some 192 square metres and comprises a retail unit occupying the ground floor and basement together with three self-contained offices on the first, second and third floors.
The property generates a total rental income of €55,500 per annum with a fixed uplift to €57,000 per annum from May 2026.
The ground floor and basement is let to Il Momento Caffe Ltd trading as the Music Cafe Dublin on a ten year lease from May 2019 at a passing rent of €31,500 per annum and increasing to €33,000 in May 2026.
First and second-floor offices are let to Martin Maloney Solicitors on a ten-year lease from November 2017 at a passing rent of €24,000 per annum. The third floor is vacant, allowing for further income potential. When fully let the property is expected to produce a total rental income in the region of €70,000 per annum.
No. 1 Wellington Quay is surrounded by popular and historic visitor attractions and is close to the Four Courts, Dublin City Council offices and Dublin Castle.
The €950,000 guide price reflects a net yield of about 5.3 per cent, increasing to approximately 6.7 per cent when fully let.
The sale is being handled by Finnegan Menton agents Emma Byrne and Mark McCormack.
TIM O’BRIEN
Number One Wellington Quay is a landmark, four-storey over basement office building overlooking the Liffey at the corner of Parliament Street in Dublin 2.
The well-presented period building at the western end of Temple Bar is currently home to the exceedingly hip Music Café, which occupies the basement and ground floor. The next two floors are bright open-plan offices with high ceilings and windows overlooking the Liffey and Parliament Street. These floors are currently let to a firm of solicitors.
The top floor, with an atrium-style roof light on the corner, has recently become vacant, but could be re-let either as offices, or as a cool pad for someone who enjoys city centre bustle day and night.
In all, the building enjoys 11 metres of frontage on to Wellington Quay and six metres on Parliament Street, offering a floor area of 192 sq.m. (2,055 sq.ft.). It is being brought to the market by Finnegan Menton, which is quoting €950,000 for the freehold.
The property is currently generating rental income of €55,500 annually with a fixed uplift to €58,000 from May 2026. The Music Café holds a 10 year lease from May 2019 at a passing rent of €31,500 annually, increasing to €33,000 in May 2026. First and second floor offices are let on a 10 year lease from November 2017 at a passing rent of €24,000 annually. When fully let, the property is expected to produce a total rental income in the region of €70,000 annually.
The sale is being handled by Nicholas Corson and Emma Byrne of Finnegan Menton.
THE IRISH TIMES
Wednesday, October 16, 2024.
The European Chapter of the Society of Industrial and Office Realtors (SIOR) has elected Iain Finnegan SIOR FRICS FSCSI, and Managing Director of Finnegan Menton as President. Iain Finnegan succeeds past president, Andrew Smith, SIOR, FRICS and will serve from May 2024 until April 2026.